Rhumbline Advisers Has $238,000 Holdings in Windstream Holdings Inc (WIN)

Rhumbline Advisers lessened its holdings in Windstream Holdings Inc (NASDAQ:WIN) by 78.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 45,158 shares of the technology company’s stock after selling 163,258 shares during the period. Rhumbline Advisers owned 0.11% of Windstream worth $238,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of WIN. MetLife Investment Advisors LLC grew its position in shares of Windstream by 127.1% during the first quarter. MetLife Investment Advisors LLC now owns 90,224 shares of the technology company’s stock valued at $127,000 after purchasing an additional 50,491 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of Windstream during the second quarter valued at about $173,000. SG Americas Securities LLC grew its position in shares of Windstream by 66.4% during the first quarter. SG Americas Securities LLC now owns 154,229 shares of the technology company’s stock valued at $217,000 after purchasing an additional 61,544 shares in the last quarter. GSA Capital Partners LLP grew its position in shares of Windstream by 981.2% during the first quarter. GSA Capital Partners LLP now owns 197,370 shares of the technology company’s stock valued at $278,000 after purchasing an additional 179,116 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its position in shares of Windstream by 133.2% during the first quarter. Allianz Asset Management GmbH now owns 197,598 shares of the technology company’s stock valued at $279,000 after purchasing an additional 112,870 shares in the last quarter. Institutional investors and hedge funds own 60.37% of the company’s stock.

A number of brokerages have recently weighed in on WIN. ValuEngine lowered Windstream from a “sell” rating to a “strong sell” rating in a research report on Monday. Zacks Investment Research lowered Windstream from a “buy” rating to a “hold” rating in a research report on Monday. Bank of America cut their price objective on Windstream from $7.50 to $4.50 and set an “underperform” rating for the company in a research report on Monday, August 13th. Cowen restated a “buy” rating and set a $8.00 price objective on shares of Windstream in a research report on Friday, August 10th. Finally, Citigroup lowered Windstream from a “neutral” rating to a “sell” rating and set a $2.25 price objective for the company. in a research report on Wednesday, July 18th. Seven investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $4.98.

WIN opened at $5.03 on Tuesday. The stock has a market capitalization of $211.68 million, a P/E ratio of -0.62 and a beta of -0.06. Windstream Holdings Inc has a 12 month low of $3.03 and a 12 month high of $13.65. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of -7.40.

Windstream (NASDAQ:WIN) last released its quarterly earnings results on Thursday, August 9th. The technology company reported ($2.30) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($2.66) by $0.36. The company had revenue of $1.44 billion during the quarter, compared to analyst estimates of $1.44 billion. Windstream had a negative return on equity of 191.89% and a negative net margin of 36.51%. The firm’s revenue was down 3.2% on a year-over-year basis. During the same quarter last year, the business posted ($1.85) earnings per share. analysts anticipate that Windstream Holdings Inc will post -9.17 earnings per share for the current year.

Windstream Company Profile

Windstream Holdings, Inc provides network communications and technology solutions in the United States. Its Consumer & Small Business segment offers services, including traditional local and long-distance voice services, and high-speed Internet services; and value-added services, such as security and online back-up.

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Institutional Ownership by Quarter for Windstream (NASDAQ:WIN)

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